Rent to own Homes in Hopkins, MN

Conveniently located directly west of Minneapolis, Hopkins is a wonderful suburb for those who prefer peaceful living, but who also desire access to a diverse array of entertainment and recreational activities. The area maintains a distinctive small-town feel, which is fostered by its vibrant downtown area and historic architecture. In recent years, these elements have made Hopkins one of the most popular suburbs in the west metro area.

Hopkins, MN is a great place for affordable rent-to-own homes! With a median household income of over $59,141 and a median rent of $1,074, the Hopkins, MN rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Hopkins, MN. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Hopkins, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
6319 W 32ND ST
Rent To Own
Lenox
Single Family Home
Minneapolis, MN 55416
1
1
612 ft2
1926
6337 GIRARD AVE S
Rent To Own
CARAG
Single Family Home
Minneapolis, MN 55423
2
3
1380 ft2
1940
4141 3RD ST NE #106
Rent To Own
 
Townhouse/Condo
Minneapolis, MN 55421
1
1
738 ft2
1986
14620 GARRETT AVE #211
Rent To Own
 
Townhouse/Condo
Saint Paul, MN 55124
1
1
720 ft2
1980
107 WILKIN ST
Rent To Own
West Seventh
Single Family Home
Saint Paul, MN 55102
3
2
1548 ft2
1880
1 of 69 119 BRUSH ST
Rent To Own
 
Single Family Home
Norwood Young America, MN 55368
4
2
2506 ft2
1925
New
3320 LOUISIANA AVE S #311
Rent to Own Eligible
Oak Hill
Townhouse/Condo
Minneapolis, MN 55426
2
2
1072 ft2
1980
New
1502 5TH ST N #702
Rent to Own Eligible
 
Townhouse/Condo
Hopkins, MN 55305
2
2
1086 ft2
2006
New
5389 BEACHSIDE DR
Rent to Own Eligible
 
Townhouse/Condo
Hopkins, MN 55343
2
3
1152 ft2
1978
New
3540 YUKON AVE S
Rent to Own Eligible
Aquila
Single Family Home
Minneapolis, MN 55426
4
2
915 ft2
1952
New
3357 TEXAS AVE S
Rent to Own Eligible
Oak Hill
Single Family Home
Minneapolis, MN 55426
3
2
1350 ft2
1951
5805 MAIT LN
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55436
5
9
7176 ft2
1999
New
5004 OAK BEND LN
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55436
4
4
3101 ft2
1997
3200 Virginia Ave S
Rent to Own Eligible
Aquila
Townhouse/Condo
Saint Louis Park, MN 55426
2
2
1060 ft2
1969
New
5316 HIGHWOOD DR W
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55436
4
3
1390 ft2
1965
1 of 49 3506 ROBINWOOD TER
Rent to Own Eligible
 
Single Family Home
Hopkins, MN 55305
4
2
2390 ft2
1956
7721 W LAKE ST
Rent to Own Eligible
South Oak Hill
Single Family Home
Minneapolis, MN 55426
4
2
1604 ft2
1951
1 of 41 140 MEADOWBROOK RD
Rent to Own Eligible
 
Single Family Home
Hopkins, MN 55343
4
2
2799 ft2
1957
1 of 17 3325 TEXAS AVE S
Rent to Own Eligible
Oak Hill
Single Family Home
Minneapolis, MN 55426
3
1
1383 ft2
1951
5152 SCHAEFER RD
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55436
5
6
5127 ft2
1992
1 of 20 910 6th St S
Rent to Own Eligible
 
Townhouse/Condo
Hopkins, MN 55343
1
1
647 ft2
1967
New
1 of 59 3152 MARYLAND AVE S
Rent to Own Eligible
Oak Hill
Single Family Home
Minneapolis, MN 55426
3
2
1744 ft2
1952
New
1 of 44 3320 Louisiana Ave S
Rent to Own Eligible
Oak Hill
Townhouse/Condo
Saint Louis Park, MN 55426
1
2
1116 ft2
1980
1 of 21 210 21ST AVE N
Rent to Own Eligible
 
Single Family Home
Hopkins, MN 55343
3
2
1296 ft2
1962
New
9621 OAK RIDGE TRL
Rent to Own Eligible
 
Single Family Home
Hopkins, MN 55305
6
5
3500 ft2
1979
6204 FOX MEADOW LN
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55436
6
5
6168 ft2
1984
New
9421 FREDERICK AVE
Rent to Own Eligible
Cobblecrest
Single Family Home
Minneapolis, MN 55426
1
1
1169 ft2
1946
New
5000 OAK BEND LN
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55436
4
6
5566 ft2
1997
New
5297 BEACHSIDE DR
Rent to Own Eligible
 
Townhouse/Condo
Hopkins, MN 55343
3
2
968 ft2
1978
New
1 of 20 7729 NORTH ST
Rent to Own Eligible
South Oak Hill
Single Family Home
Minneapolis, MN 55426
3
2
1978 ft2
1956
3025 MARYLAND AVE S
Rent to Own Eligible
Oak Hill
Single Family Home
Minneapolis, MN 55426
3
1
967 ft2
1960
1110 TRAILWOOD N
Rent to Own Eligible
 
Townhouse/Condo
Hopkins, MN 55343
2
2
1164 ft2
1973
1 of 69 3724 QUEBEC AVE S
Rent to Own Eligible
 
Single Family Home
Minneapolis, MN 55426
4
3
2370 ft2
1949
New
207 VAN BUREN AVE N
Rent to Own Eligible
 
Townhouse/Condo
Hopkins, MN 55343
3
2
1580 ft2
2003
1 of 20 1502 5th St N
Rent to Own Eligible
 
Townhouse/Condo
Hopkins, MN 55305
1
1
787 ft2
2006
3200 VIRGINIA AVE S #305
Rent to Own Eligible
Aquila
Townhouse/Condo
Minneapolis, MN 55426
2
2
1057 ft2
1969
New
3251 LOUISIANA AVE S #211
Rent to Own Eligible
Oak Hill
Townhouse/Condo
Minneapolis, MN 55426
2
2
1254 ft2
2007
3656 WOODY LN
Rent to Own Eligible
 
Single Family Home
Hopkins, MN 55305
3
1
1200 ft2
1955
New
1 of 4 7112 MINNETONKA BLVD
Rent to Own Eligible
Bronx Park
Single Family Home
Minneapolis, MN 55426
3
1
1671 ft2
2019
10451 GREENBRIER RD #121
Rent to Own Eligible
 
Townhouse/Condo
Hopkins, MN 55305
3
2
1400 ft2
1982
New
1 of 21 3251 Louisiana Ave S
Rent to Own Eligible
Lenox
Townhouse/Condo
Saint Louis Park, MN 55426
2
2
1137 ft2
2007
New
10441 GREENBRIER RD #313
Rent to Own Eligible
 
Townhouse/Condo
Hopkins, MN 55305
1
1
780 ft2
1982
New
5508 POMPANO DR #A305
Rent to Own Eligible
 
Townhouse/Condo
Hopkins, MN 55343
2
1
854 ft2
1986
New
3835 SHADY OAK RD
Rent to Own Eligible
 
Single Family Home
Hopkins, MN 55305
4
3
1782 ft2
1953
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55343 rent to own homes

Buying a Home in Hopkins, MN

Hopkins, MN is seeing rapid growth and Hopkins, MN's' housing market remains not optimal with an average home price that is 16% above the 2024 national average. Hopkins, MN is part of Hennepin county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Hennepin is 1.14% which is above the national average, which is 0.99%.

Median Home Price in Hopkins, MN

Median Rent in Hopkins, MN

Rent to own homes offer low monthly payments and flexible terms.

Top 6 Reasons to Live in Hopkins, MN

Amazing antique shopping! Opportunities for shopping may be abundant west of Minneapolis, but there's nothing quite like an afternoon of exploration at the Hopkins Antique Mall, which boasts over 10,000 square feet of antique treasures. Antique lovers in the Hopkins community also enjoy visiting Blake Antiques, which features jewelry, furniture and pop art from the early to mid 1900s.

Historic downtown! In addition to checking out antique shops, neighborhood history buffs love meandering through Hopkins' historic downtown area. The historic architecture immediately makes residents feel like they are in Small Town USA, despite the fact that Hopkins is a short drive from Minneapolis. Entertainment is abundant in downtown Hopkins, which is home to the Hopkins Center for the Arts and Mann's Hopkins Cinema 6.

High home appreciation! Home ownership in Hopkins pays off, with residents enjoying an average home appreciation rate of 9.4 percent. Appreciation is particularly impressive near Central Park and Excelsior Boulevard. Renters interested in home ownership may also be able to take advantage of this high appreciation rate with the help of one of the area's many rent to own opportunities.

Bike trails! Bikers in the Hopkins community enjoy easy access to a number of excellent trails, including the Cedar Lake Loop and the Lake Minnetonka LRT Regional Trail. Many residents commute to work with the help of these trails.

Exciting nightlife! Hopkins may be a peaceful community, but it still possesses a vibrant nightlife scene. For dancing, head to the Hopkins Tavern, where one of the Twin Cities' hottest DJs shows up every Saturday night. Sports fanatics prefer the Big 10 Restaurant & Bar, which is chock-full of flat-screen TVs.

Beautiful houses! Hopkins boast hundreds of gorgeous houses, many of which have been labeled historic by the Hopkins Historical Society. Examples include the Metoxen House and the Pederson House. Newer homes are also lovely, creating an appealing mix of old and new architecture in Hopkins neighborhoods.